The debt status of states in Nigeria have been revealed. Zamfara State Debt Profile as at April 2019 is 59,900,241,661.65 naira. The Fiscal Responsibility Commission, FRC, guidelines said that the debt status of each state should not exceed 50 per cent of the statutory revenue in the previous 12 months. Most of the states’ debts […]
The debt status of states in Nigeria have been revealed. Yobe State Debt Profile as at April 2019 is 27,772,599,253.39 naira. The Fiscal Responsibility Commission, FRC, guidelines said that the debt status of each state should not exceed 50 per cent of the statutory revenue in the previous 12 months. Most of the states’ debts […]